Explaining Why The Media Reports About Cotton On Closing Down Are Wrong (opens in new tab)

Business Enquiries: The Blue Cats' Instagram: How to wind up a company: -------- News about Cotton On “closing” in Singapore came from public winding-up notices linked to Cotton On Asia\. That led to reports that the business was shutting down, but Cotton On stores in Singapore continued operating\. It was later clarified that the entity being wound up was an inactive holding company, not the company directly running Cotton On’s retail operations in Singapore\. Liquidation is the process o...